The Monday Mix: April 10 – 16, 2023

hand holding a coffee cup and newspaper

Top-of-mind economic news as we start the week:

S&P 500 earnings for 1st  quarter 2023 are expected to be down 6.7%, on average, based on latest analyst estimates.

The US Consumer Price Index rose just 0.1% in March and is up 5% over past 12 months, a sign of slowing in rate of inflation.

US consumers expect 4.75% inflation in the coming year and 58% said it is harder to borrow money, a 10-year high.

US retail sales fell 1% in March (not inflation-adjusted), as higher prices and slowing economy took a toll; Feb. sales were essentially flat.

The Biden administration proposed the strongest standards to date for carbon dioxide emissions for new cars (starting 2027) and heavy duty vehicles.

Disclaimer: Clicking on any of the above links will take you away from the LNW web page and to the source page. While we believe the information in these articles is relevant, we cannot guarantee its accuracy or completeness.